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Zinc Stockpiles in LME Warehouses Rises 3.9%

Investing News Network
Jul. 20, 2012 02:13AM PST
Base Metals Investing

Bloomberg reported zinc stockpiles in London Metal Exchange warehouses rose 3.9 percent to 1.02 million metric tons.

Bloomberg reported zinc stockpiles in London Metal Exchange warehouses rose 3.9 percent to 1.02 million metric tons.

As quoted in the market news:

Zinc supply is expected to outpace demand for the rest of 2012, which would be the sixth annual surplus in a row, according to a July 18 report by Frankfurt-based Commerzbank AG.

Click here to read the full Bloomberg report.

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